What is the GL mapping for a pledge in Altru?

How do I map pledges to the General Ledger? What will the account distribution be for pledges when there is a receivable, a write off, or a payment?

Article
Number:117346

Products:

Blackbaud_Altru

Transaction Type

Account Type

Example Account

Debit

Credit

Comment

Pledge

Pledge Receiveable

1200

$200

The given example is a pledge for $200.00. A single Installment of $50 bucks was collected, then later on the remainder was written off. Typically the Write off account is on the income statement as an expense account.

Pledge

Revenue

4000

$200

Pledge Payment

Cash

1000

$50

Pledge Payment

Pledge Receiveable

1200

$50

Pledge Write Off

Pledge Write Off (Doubtful Pledges)

4400

$150

Pledge Write Off

Pledge Receiveable

1200

$150

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